In yesterday’s Wall Street session, Quantum-Si Incorporated (NASDAQ:QSI) shares traded at $1.93, down -27.03% from the previous session.
QSI stock price is now 18.61% away from the 50-day moving average and 45.47% away from the 200-day moving average. The market capitalization of the company currently stands at $305.59M.
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With the price target of $3, H.C. Wainwright recently initiated with Buy rating for Quantum-Si Incorporated (NASDAQ: QSI). On September 25, 2023, Canaccord Genuity Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock reducing its target price from $3.50 to quote $2
In other news, ROTHBERG JONATHAN M, Director sold 3,506,267 shares of the company’s stock on Dec 27 ’24. The stock was sold for $11,716,735 at an average price of $3.34. Upon completion of the transaction, the Director now directly owns 1,250,000 shares in the company, valued at $2.41 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 27 ’24, Director ROTHBERG JONATHAN M bought 3,506,267 shares of the business’s stock. A total of $11,716,541 was incurred on buying the stock at an average price of $3.34. A total of 30.56% of the company’s stock is owned by insiders.
During the past 12 months, Quantum-Si Incorporated has had a low of $0.61 and a high of $5.77. As of last week, the company has a debt-to-equity ratio of 0.07, a current ratio of 13.42, and a quick ratio of 13.15. The fifty day moving average price for QSI is $1.60394 and a two-hundred day moving average price translates $1.325975 for the stock.
The latest earnings results from Quantum-Si Incorporated (NASDAQ: QSI) was released for 2024-09-30. The net profit margin was -3968.84% and return on equity was -35.79% for QSI. The company reported revenue of $0.79 million for the quarter, compared to $0.22 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 252.91 percent.
